Michigan Residents Successfully Block A CCP-Subsidiary Corporation From Purchasing 80 Acres Of Farmland

 Michigan residents successfully block a CCP-subsidiary corporation from purchasing 80 acres of farmland.

Rural residents of Green Charter Township in Michigan have successfully prevented a Chinese-owned energy company from purchasing two parcels of farmland.

It has turned into the center of an ongoing battle as the approximately 3,200 residents of this rural community do their best to prevent its takeover by Gotion, a Shanghai-based corporation that "Pledges allegiance" to the Chinese Communist Party.

The corporation recently issued a statement, saying that it had "Listened to concerns of local residents and decided not to purchase two large parcels of land zoned for agriculture at this time."

Gotion was able to successfully purchase about 260 acres of derelict industrial land in Green Charter Township and another 10 acres of disused farmland.

Gotion's recent land purchases come as new data shows that Chinese firms now own more than $2 billion worth of U.S. farmland, a massive surge from just $162 million worth of farmland a decade ago.

The latest data from the Department of Agriculture notes that the CCP currently has a stake in 383,935 acres of agricultural land in the U.S. - with nearly half of all this farmland being in Texas.

https://www.naturalnews.com/2023-08-15-michigan-residents-block-ccp-company-purchasing-farmland.html